InvestTechFX — Forex Broker

They are just rubbers, they will charge you commission, they will remove your trading position from your account history and rub your earning, they charge you under name using EA and SCALPING SYSTEM as they did about my account

I did have file a complaint about them at nfa, cftc and osc and I am waiting for the results.

you don't be fool by low pip spread. they will rub your account.

I deposited 1000 dollars with 1pipfix and downloaded iftx platform,this should have alerted me,made small profit and sent numerous emails for refunds with no response ,I have relatives in canada in the legal professsion who will look into this company,awaitng there findings,regards,ejones

Just an update from the last negative review by me. One of the ITFX managers called me and explained to me the whole situation about what happened with the upgrading of servers. They also compensated me for the inconvenience caused on Friday and right now things are working fine after following the procedures to install the upgraded platform.

This is such a disappointing review that I'm giving ITFX. Today is the non-farm payroll release date for the US and i was not able to access my live account at all today due to "server maintenance". I mean, which brokerage service does server maintenance on NFP fridays? Such horrible service. I called them many times on the phone but no answer. The support staff kept telling me it would be done shortly, but it has taken more than 12 hours to to server update.. what nonsense! Please learn from my mistake and do not trust this brokerage service. Mark my words, I will withdraw my money as soon as I get back online to my account. Or rather, "If".

Scam artists, they tell you no re-quotes at all, I get 7 to 8 re-quotes on every trade when Im positive, they re-quote you until your trade is negative then they will close it once your trade is negative.

Hi all traders out there,

I would like to refute what InvesttectFX claims in their reply. They claimed in some forex review web-sites that I was a former associate that is out to smear their name.

I would like to state that I AM NOT a former employee or associate of theirs, but was a former client of theirs. InvesttechFX claims alot of things which are all untrue. They are out to cheat people who are unaware or never do enough checks on their claims.

To substantiate my claims of what I said in my earlier post and to prove InvesttechFX is a cheater, pls click on the folllowing link to the web-site of Canadian Deposit Insurance Corporation (CDIC).

http://www.cdic.ca/e/insuredWhere/insuredWhere.html

http://www.cdic.ca/e/insuredWhere/members.html

You will see for yourself that CDIC only insures funds held by CDIC members and only in Canadian Dollars. InvesttechFX is NOT a member! Thus all your funds are not insured!

InvesttechFX works closely with a certain Globex Interbank (kinda dodgy internet bank based out of UK). Your fund are first asked to be remitted into TD Canada Trust but is subsequently moved out to this so-called Globex Interbank without your knowledge! This is criminal as InvesttechFX moved clients fund out without their knowledge.

There are alot more claims by them which are all not true or tied with conditions in which they did not say it upfront.

As for the numerous postings here and on other forex review web-sites on the difficulty of withdrawal of funds from InvesttechFX – Its all true! You will not get your money back. They will try ways and means to withhold your hard earned money and if you insist of getting it back, they will ask you to settle for 50% (or lesser).

Again, I cannot say more about this dishonest broker which are just lurking about waiting to pry on traders which are unaware of their modus operandi.

Lastly, I would just like to add that the Canadian Banking Authorities is a big joke for claiming to be first world, but allowing a company like InvesttechFX to be operating in their backyard.

1) ITFX on request is NOT sending money back.

2) ITFX on request does NOT close your account.

3) ITFX does NOT answer ANY e-mails anymore

Be very careful.

I confirm this post. My money got stuck with them. They are cheats. Please don't open any accounts with them.

1) ITFX on request is NOT sending money back.

2) ITFX on request does NOT close your account.

3) ITFX does NOT answer ANY e-mails anymore

thereafter.

Be very careful.

For a Demo account ITFX is using a spread of 1 (one) pip.

For a Real account ITFX is using a spread of 21 (twentyone) pips.

Very Strange.

I just bring to mind that:

When put/modify a order,

its fast in the demo account(1~2 seconds),

and its very slow in real account(5~10 seconds).

So strange.

Fast deposit via PayPal(within 1 day)

Fast withdraw via PayPal(within 1 day)

But very slow when put/modify a order.(about 5~10 seconds)

Maybe the connection from Taiwan to their server is not good.

So i withdraw my money back in a week.

InvestTechFX = FRAUD

Great service while receiving your money.

0 communication about sending money back.

Even if you will visit the office

with written request to return your money+profit back to your canadian account

you will:

- find NO ONE from InvestTechFX (twice in my case);

- at front desk (as shown on website) meet a person who simultaneously is a "secretary" for many "companies" based in one unit 1801

This "secretary" will NEVER

- let you even speak to any representative

- take any letter from you

Finaly I had to send my request with a registered mail.

but it's not a fraud - FRAUD IS

1. No one transaction on commission free account was without commission.

2. InvesttechFX state to be a mamber of a "Forex Dealing Association" (just try to find it) vs Investment Dealers Association

and comply with www.osc.gov.on.ca

3. 48 hours for withdraw = joke.

I got my money back and it was ONLY 1000+150 USD. I wish you the same even without any police assistance (devision 51 at 51 Parliament St.).

This is the worst broker period. Firstly they have a 10 second delay, no kidding never less than 10 seconds,and then unless the market is perfectly still you get re quote after re quote,I dare anyone who trades live with them to call me a liar, there 1 pip fixed is useless given above truths.

Hi everybody,

Does anyone have experience with withdrawing money or closing account with them?

There are a lot of bad comments on Forex peace army about that.

Thanks.

My experience with InvesttechFx had been so far very good. I registered an account with them, but I faced some problems and they helped me by all possible ways at the earliest they could. Also, at some of my trade problems, they also credited my account back.

Also, the people who doubt their registration or regulation, I can make them sure that I have verified their registration with Corporation Canada and they are a registered Federal Corporation.

Please check this link:

http://strategis.ic.gc.ca/cgi-bin/sc_mrksv/corpdir/dataOnline/corpns_re?company_select=6804071

You can get the detailed information about this company. Their registered numbers are:

Corporation #6804071 BN #855373551RC0001

Mailing Address: [Latest address on file]

Care of:

Street: 4915 BATHURST STREET, UNIT #209

City: TORONTO

Province: Ontario

Postal Code: M2R1X9

Country: Canada

Registered Office Address: [Latest address on file]

Care of:

Street: 4915 BATHURST STREET, UNIT #209

City: TORONTO

Province: Ontario

Postal Code: M2R1X9

Country: Canada

Country: Canada

Reg. Off. Eff: 2007/07/09

Status Date

Active 2007/07/09

Director(s) name(s):

ALAN ZER

RONY SPEKTOR

I hope this is enough information for some one to get information about this company. If any one has any complain with this company, they can try to speak with the customer care and I hope they will be able to attend your needs.

Best Regards,

Anurag